Cost of Living in Martin County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Martin County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Martin County, Indiana
Martin County is Indiana's affordability standout
At 11.8%, Martin County's rent-to-income ratio is among the nation's most affordable, well below the national threshold and Indiana's 15.6% state average. Despite a median household income of $65,345, the county's remarkably low $643 median rent makes housing highly accessible.
Lowest housing burden in Indiana
Martin County leads Indiana in housing affordability with an 11.8% rent-to-income ratio—over 3 percentage points better than the state average. The median rent of $643 is the lowest among these eight counties and $240 below the state average, making Martin a rare affordable haven.
Dramatically cheaper than neighbors
Martin County's $643 rent is roughly $300 less than Marshall County's $936 and nearly $500 below Marion County's $1,107. This affordability advantage extends to ownership: the median home value of $150,400 represents some of the region's lowest property prices.
Martin's lean housing costs
The typical Martin County renter earning $65,345 annually spends just $643 monthly on housing—only 11.8% of gross income. Homebuyers with a $150,400 median home value face $758 in monthly ownership costs, preserving substantial income for other needs.
Indiana's best deal for budget-conscious families
If housing affordability tops your relocation checklist, Martin County delivers what most other Indiana counties cannot: rents and home values that consume minimal income. Trade Marion County's urban density for Martin's small-town savings, and free up thousands annually for savings, education, or quality of life.
Affordability Calculator
See how your income compares to housing costs in Martin County
Rent Burden
11.8%
of gross income
Max Housing (28% Rule)
$1,525
per month
Owner Cost Burden
13.9%
of gross income
You can likely afford the median home in Martin County
Median home value is $150,400. Estimated monthly cost: $1,201 vs. your max of $1,525.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.